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Ivy Schmerken
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MiFID II Reaches Across the Pond: Is This the Calm Before the Storm?

Despite the view that MiFID II is a European regulation, US investment managers are experiencing disruption as they align their research payment and execution practices with the influential standard.

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As the SEC Tick Pilot is soon to expire, in your opinion, was it a solid fact finding mission or folly?



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January 21, 2010

Cover Sidebar: Power Hungry

By Peter Chapman

Wall Street analysts are bullish on another of Nasdaq's new initiatives--the N2EX British wholesale power exchange. The trading platform is owned by Nasdaq, through its Nasdaq OMX Commodities power derivatives clearing unit, and a Norwegian company called Nord Pool. The market will initially trade and clear U.K. industrial electricity contracts. It will later add trading in financial futures contracts on those instruments. Nord Pool has operated a similar facility in Europe's Nordic region for 15 years and is the largest of the approximately two dozen power markets operating in Europe. Analysts at Goldman Sachs see N2EX adding about $10 million per quarter to Nasdaq's revenues.

 

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Weathering the Storm 

 

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